EPF yet to appoint any investment banks as advisers on bank mergers


KUALA LUMPUR: The Employees Provident Fund (EPF) has yet to hire any investment banks (IBs) to advise it on the proposed three-way merger of CIMB Group, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB).

“We would like to clarify that at this point of time, we have not appointed any third party to advise the EPF for this proposed merger,” EPF said in a statement.

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Business , Banking , EPF , CIMB , RHB Capital , MBSB

   

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